LBank, a global cryptocurrency exchange, has officially launched the Physical Card, expanding its digital asset ecosystem into everyday payments through the global Visa network. Eligible users can now apply for the card through the official application page and use their LBank spot account balance at supported Visa merchants and ATMs worldwide. The launch gives users a new way to move digital assets beyond trading and into everyday spending, including dining, hotels, shopping, transportation, and cross-border travel.
LBank Card is built around a simplified payment experience designed to reduce the friction between holding crypto and using it in the real world. The card features zero monthly fees, zero top-up fees, and zero foreign-exchange fees, with a 0.8% spending fee, and supports both Apple Pay and Google Pay. Through Visa’s global merchant network, users can access a broad range of everyday payment scenarios without being limited to crypto-native merchants. More importantly, users can pay directly from their LBank spot account balance, without separately topping up or transferring funds to a dedicated card wallet. Digital assets are converted into the required transaction currency in real time when a payment is made, eliminating the need to manually exchange assets, prepare local fiat or complete multiple transfers. This allows users to move from holding digital assets to making a payment with fewer steps and a more familiar card experience.
Read more: cointelegraph.com
Source: CRYPTO WORLD NETWORK NEWS
